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Given the wealth of innovation here, it’s no surprise that that 38 percent of cash-generating Australian startups already have export revenue. But for that other 62 percent to really thrive, they’re going to need sell across the Indian Ocean.
Startupbootcamp received $600,000 for the first year (2016), with the potential of following up funding in the subsequent years. The funds will enable the opening of a hardware lab in Kydo, Melbourne’s IoT and Data Tech Startup Space and will provide the core funding for the launch of the accelerator program in 2017.